Is Longboat Key Real Estate a Good Investment?
Welcome to Florida.
The confusing part for some visitors is the concept of Florida Keys. These small coastal islands protect the mainland of Florida and also run in a chain off the southern tip of the state (terminating in Key West). There is also the area known as 10,000 islands which is more of a marsh and a place the Calusa's withdrew to during their battles with the Spanish. ( I know everyone hates history, sorry).
In Sarasota, folks are familiar with Siesta Key and it's fabulous beach, but two islands north is Long Boat Key. A mix of single family homes and grand beach condominiums. The newest condos there are stating in the millions and single family Canal home are $700,000+ (unless you are looking for a project) . In fact, with the rise in prices across the Suncoast, Long Boat Key is probably perfectly situated to enjoy any and all appreciation.
The confusing part for some visitors is the concept of Florida Keys. These small coastal islands protect the mainland of Florida and also run in a chain off the southern tip of the state (terminating in Key West). There is also the area known as 10,000 islands which is more of a marsh and a place the Calusa's withdrew to during their battles with the Spanish. ( I know everyone hates history, sorry).
In Sarasota, folks are familiar with Siesta Key and it's fabulous beach, but two islands north is Long Boat Key. A mix of single family homes and grand beach condominiums. The newest condos there are stating in the millions and single family Canal home are $700,000+ (unless you are looking for a project) . In fact, with the rise in prices across the Suncoast, Long Boat Key is probably perfectly situated to enjoy any and all appreciation.
And it's also a great place to watch the sun set ;-)
© John Gaudiano
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